The secret trend sniper Forex indicator uses a secret formula to generate accurate signals on the Metratrader 4 chart that delivers real pips.
The indicator works for any trade style: scalping, day trading and swing trading.
The buy and sell signals are easy to follow with the secret Forex indicator, even for absolute beginners.
- A green price bar on the chart indicates a bullish trend.
- A red price bar on the chart indicates a bearish trend.
It’s recommended to go long at the first green price bar and short at the first red one. This will help to maximize profits.
Feel free to experiment with the indicator’s parameters and alerts to suit your preferences.
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Secret Trend Sniper Forex Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With Secret Trend Sniper Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Open a buy trade when the Secret Trend Sniper Forex indicator draws its first green bar on the MT4 chart. The trend is now up.
Place initial stop loss just below the previous swing low, or use your own stop loss placement method.
Close the buy trade for a reward to risk 1.5:1 ratio or better, or use your own favorite take profit method.
Alternatively, exit the buy trade for a fixed take profit target, for example, 18 pips on the 1-minute scalping trading chart.
Sell Trigger: Open a sell trade when the Secret Trend Sniper Forex indicator draws its first red bar on the MT4 chart. The trend is now down.
Place initial stop loss just above the previous swing high, or use your own stop loss placement method.
Close the sell trade for a reward to risk 1.5:1 ratio or better, or use your own favorite take profit method.
Alternatively, exit the sell trade for a fixed take profit target, for example, 30 pips on the 5-minute day trading chart.
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Alerts, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.